Bullion Reviews - Singapore

The table below provides an overview of the services available from Singapore's bullion dealers. Further down on the page you can rate and review the bullion dealers as well as view how others have rated and reviewed them.

BullionStar

BullionStar is a precious metals retailer, dealer and bullion vault storage provider, combining online ordering with a physical retail shop, showroom and bullion vault located at 45 New Bridge Road. The shop is walk-in storefront. BullionStar offers a wide range of precious metals such as gold, silver and platinum. Prices for both precious metals and for the storage solutions are competitive.

BullionStar offers BullionStar Gold Bars and BullionStar Silver Bars that can be bought and sold without any spread between the buy and sell price.

BullionStar also offers a trading and bullion savings product called BSP Grams which is backed up by physical gold, silver and platinum that can be traded at a low premium and spread, and also convertible into physical bullion bars.

BullionStar publishes in-house analysis, research and charts, featuring some of the leading precious metals analysts in the world.

I'm not affiliated with Bullionstar in any way but must say that they are outstanding for buying gold and silver in Singapore when it comes to bullion dealers.

- Huge assortment of bullion
- Storage in their own vault with affordable pricing
- Shop opposite to Clarke Quay MRT
- Very easy to navigate their website

I've bought from other dealers as well like Degussa. Degussa have cheap price for some of their own branded bars but other than that Bullionstar is better also on the pricing. Bullionstar is where I go to buy bullions in Singapore. My 2 cents..

The Leedster

22 November, 2016 @ 1:37 pm

10

I really love BullionStar. LOVE IT! I'm passionate about precious metals and so are BullionStar. That's the way I like it. I've attended their seminars and get togethers and it's really awesome to hear how the company is set up from the belief of precious metals as money.

The online platform is very straightforward. Placing an order is simply hassle free. This is way it should be placing orders for products online but very few online sellers of any kind gets it. Bullionstar gets it and it's awesome!

SilverAg

SilverAg has a retail store at a shopping centre called The Central. SilverAg is primarily focused on small volumes and gold and silver gifts such as small gold bars and silver coins. Larger precious metals items can be pre-ordered but with sometimes long delivery times.

SilverAg is located in the basement of The Central shopping mall at 6 Eu Tong Sen Street.

SilverAg also offers some accessories such as display stands and coin capsules.

Purchase twice..
First time is purchase thru their website and collect at the shop. The guy at the shop ia friendly too, the package is also prepared nicely in a bag which i can just take and go without much waiting.

Second time is bad.. i did not make purchase thru the website. I went down to the shop, no one was inside, then a lady came from the outside(having lunch with his kid). The face was something that you do not wish to see at all. She was unfriendly and rude. I asked for 2 x 500g silver bar and was told there is 1 instock and 1 in display and if i wanna have them, the bars condition is not the best so i rejected and asked for a 1kg bar instead...chosen 1 and paid thru ibanking.. pass me the bar with the wrong serial number cert and i corrected her. She asked if i need a bag and i say yes please but she passed me a ziplock bag for the heavy 1 kg bar... lan lan i need to put it in my own small slingbag.

Not a very good exp on the second time and i believe its just the lady problem... the price is the lowest at the point of purchase as compared to bullionstar. No complaint on that but service is bad or rather worst, cant even compare to bullionstar. But well, i saved 50 bucks for the same bar with a bad service.. fair trade.

D. Wang

10 March, 2017 @ 9:28 pm

2

Location is good, accessible easily by buses & MRT. It is also convenient as nearby also have lots of other bullion dealers . Price wise is not flexible, product range limited & not so customer focused. Overall experience leave much to be desired.

Silver Bullion

SilverBullion is located within the Certis Cisco Centre. SilverBullion has a storage facility named the safe house located in the north of Singapore. Fees for ongoing storage and withdrawal apply and are on the high side. SilverBullion has a bullion testing program called DUX Bullion Testing.

Silver Bullion has a subsidiary in Malaysia with the same name.

Pricing is high although volume pricing is available. Delivery times are long at times. SilverBullion is primarily focused on silver and has little to no gold available.

Decided to give Silver Bullion 3 stars. The pricing is lousy and buy back prices are a ripoff. They obviously try to lure in customers with other things but it really comes down to a few simple things for me buying bullion.

- Price have to be competitive with a reasonable price premium
- Spread between buy and sell price must be low
- Product range must be at least decent to show that the dealer is serious
- Website must be easy to place orders on

Silver Bullion seemed promising at first but when considering it after the above parameters, it's not particularly good. They seem to have a nice big vault, adequately insured, where one can store but that should be standard for most storage providers. I know they have some loan program they are touting but I don't see how that's supposed to be a good thing going into debt to buy precious metals. Not my preferred dealer.

Otbert

28 July, 2015 @ 8:51 pm

10

Solid company with knowledgeable people. Pleasure to deal with. Perhaps not the cheapest but definitely trustworthy and customer oriented in my view. I also like the new products such as safe deposit boxes (giving you privacy) and easy loans against bullion. There are a lot of quality differences between storage places and Silverbullion is for me the safest place. I saw their storage facility and it looks first class. Thumbs up for me.

GoldSilverCentral

GoldSilverCentral is located in China Square Central and share space with a jewellery store. GoldSilverCentral has a wide range of precious metals products on offer with online ordering available. The website is however very slow. Pricing is decent.

GoldSilverCentral offers a trading product called GSC Live which is based on the MetaTrader4 platform.

ok place to buy bullion in singapore. not fantastic choice but generally trustable. They been around for quite a few years. Manager Brian is nice and helpful. Some of the other staff members not as service oriented. Located in Chinatown area. Close to the MRT. Open on saturdays as well. The website is a bit old and slow but works ok. They offer storage but through a third party. Overall ok but nothing extraordinary.

Degussa

Degussa is a German company offering bullion but is relatively new to the Singapore bullion market. Degussa has a precious metals retail shop on Orchard road.

Degussa mainly sells their own branded gold bars and silver bars. Degussa however also offers iridium and ruthenium, German designed luxury timepieces, animal sculptures in silver and other types of gifts.

Prices are competitive for Degussa's own gold bars and silver bars but not as competitive for other products like gold coins and silver coins.

It is now confirmed that Degussa will cease its operation in Singapore per 30 November 2017. This only two years after establishing the shop. No reason is given on their website but obviously their establishment has not lived up to their expectations.

Mustafa Centre

Mustafa Centre is a shopping centre in the "Little India" part of Singapore. Mustafa Centre is primarily focused on selling 22 karat gold but also offers gold bullion and 24 karat gold. No other services like bullion vault storage or buy back of precious metals are on offer.

Prices are higher than for the leading bullion dealers. The gold price, or gold rate as it is sometimes called, is competitive for jewellery though.

Should buck up on customer service..
Almost all e staffs at Jewellery's dept are UNFRIENDLY, LAZY TO ENTERTAIN CUSTOMER, CHATTING AMONG THEMSELF, GIVE ONE KIND OF STUPID ATTITUDE FACE , SOME MORE CAN SIT DOWN WHEN ENTERTAINING CUSTOMER, TALK TO CUSTOMER RUDELY.. Staffs there give really BAD REPUTATION to ur dept.. very upsetting

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